Format: News
Ballymore goes on the hunt for a backer to fund major build-to-rent ambitions
'Ballymore’s land bank in London could accommodate around 8,000 new homes and it is likely many of these will now be built for the rental market', says MD John Mulryan
Savills swoops on Cluttons’ Middle East business
Savills establishes first platform in the region, taking on market-leading 190-strong operation with bases across the UAE, Bahrain, Egypt, Oman and Saudi Arabia;
OnTheMarket claims a lead on high-value listings
OTM is now listing more £3m+ properties in prime London than ZPG portals, and has overtaken Rightmove in a few high-value postcodes
Cautious PCL buyers come out of the woodwork
There's been a 13% rise in new applicants so far this year, notes Knight Frank, but buyers are increasingly poring over their options amid wider political uncertainty...
Knight Frank promotes 115
Still a huge opportunity for the agency to build and improve its performance, says boss Alistair Elliott
NCA considering ‘between 120 and 130’ UWO applications
"Step change" in unexplained wealth orders on the cards, with some significant UK real estate assets at stake...
Prime London Market Snapshot: May 2018
Spike in price reductions as more properties are offered for sale
Spike in buy-to-let investors selling up
Letting agents reported a marked increase in the number of landlords selling up in April, says ARLA
Marsh & Parsons promotes two to run lettings operations
Long-serving duo named as joint Lettings Directors following Patrick Littlemore's promotion to CEO
‘There is no sign to date that foreign property investors will suddenly desert either London or the UK post-Brexit’ – Chestertons
Estate agency takes a measured view of Britain's post-Brexit property market
Planners block Bayswater amalgamation project
Westminster continues to harden stance on loss of units, refusing consent for a single ten-bed townhouse on Craven Hill
£1m+ properties made up over 6% of Rightmove listings in March – but accounted for just 2.7% of completed sales
There's a 'demand mismatch' between recorded sales volumes and current property portal listings, says Cushman & Wakefield